1 “...This paper analyses the monetary and fiscal policy implications of output gap estimates in times...”

2 “... by banks and other intermediaries to households and businesses has grown three times as fast as economic...”

3 “... time. Three main empirical findings are established. Firstly, countries differ in their propensity...”

4 “... exploits changes in financial regulation across countries and time as a source of exogenous variation...”

5 “...-term inflation expectations and past inflation outcomes has become weaker over time and appears to have...”